EPA LISTED THE JASPER COUNTY/TRI-STATE MINING DISTRICT SITE ON THE NPL IN 1990. WE IDENTIFIED 15 PRPS AT THE TIME OF LISTING INCLUDING FSN, INC. FSN HAS LIMITED FINANCIAL ABILITY TO PARTICIPATE IN RESPONSE ACTIVITIES AT THIS SITE AND HAS REQUESTED A CASH OUT SETTLEMENT OF ITS LIABILITY. FSN INTENDS TO DISSOLVE ITS CORPORATE CHARTER IN THE NEAR FUTURE AND SEEKS TO RESOLVE OUTSTANDING LIABILITIES WITH EPA. EPA WOULD LIKE TO SETTLE WITH FSN TO OBTAIN SOME AMOUNT OF COST RECOVERY. THE RI/FS BEGAN IN THE SUMMER OF 1992 AND RESPONSE ACTIVITIES AT THE SITE WILL LIKELY EXCEED 10 MILLION DOLLARS. THE RI/FS ESTIMATED COSTS ARE SIX MILLION DOLLARS. OTHER PRPS ARE CONDUUCTING THE RI/FS, INCLUDING DUPONT, ASARCO, ST. JOE MINERALS, SUN COMPANY AND OTHERS. THESE PRPS MAY SETTLE WITH E{A IN THE FUTURE TO CONDUCT RD/RA. EPA SUBMITTED THIS PRN TO JUSTICE TO OBTAIN A CONSENT DECREE FOR A COST OUT SETTLEMENT WITH ONE PRP FOR THIS SITE. WE HOPE TO HAVE AGREEMENT IN PRINCIPLE BY SEPTEMBER 1992.